Wor Ltd Issued 100 $100 000 Par Amount Debentures on 1

question 1

Multiple Choice

Wor Ltd issued 100 $100 000 par amount debentures on 1 January 20X3.The annual interest rate is 10% and the premium on issue was $5000 per debenture.The interest is paid in arrears on 31 December of each year.The debentures mature on 31 December 20X7.Wor Ltd has a financial year end of 30 June.
-What is the term of the debentures?

• A)1 year
• B)4 years
• C)5 years
• D)6 years

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Definitions:

Y Chromosome

A sex chromosome that is typically present in male individuals and is one of the determinants of male biological sex in humans.

X Chromosome

One of the two sex chromosomes, with females typically having two X chromosomes and males having one X and one Y chromosome.

Menarche

The first menstrual period in a person's life, marking the onset of reproductive capability.

Ovaries

Female reproductive organs that produce eggs (ova) and secrete hormones such as estrogen and progesterone.